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flag Hims & Hers scales back low-cost semaglutide plan, boosting Novo Nordisk’s stock.

flag Novo Nordisk's stock rises after Hims & Hers announced it is scaling back plans to offer a low-cost semaglutide pill, a move that had raised concerns about pricing pressure. flag The retreat suggests Hims may face challenges in bringing the drug to market at a significantly lower price, allowing Novo to regain investor confidence amid ongoing competition in the weight-loss drug market.

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